Intel Bolsters Its Position in Self-Driving Cars, IoT

The company is buying Itseez, which specializes in computer vision, a critical technology for autonomous vehicles, security systems and other devices. Intel is broadening its capabilities in such critical growth markets as autonomous vehicles and the Internet of things with the acquisition of Itseez, a small company with an expertise in computer vision technology.Intel announced the deal May 26, with Doug Davis, senior vice president and general manager of the chip maker’s Internet of Things Group (IoTG), saying that the Itseez technology will play a key role in a range of areas, particularly driverless cars. For vehicles to be truly autonomous, they will have to be able to not only “see” images via sensors all around their environments, but process, analyze and understand those images to make informed decisions and…